Tariffs—taxes placed on imported goods—are one of the oldest tools in the United States' economic policy arsenal, dating back to the 18th century. Recently they've returned to the spotlight in a big way.

Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap tariffs as high as 50% on dozens of countries, including 25% tariffs on top U.S. trade partners such as Japan and South Korea.

Experts explained what the average American investor needs to know about the impact of tariffs and inflation on your money next year.

A car made in Texas might include engines from Saltillo and wiring systems from Chihuahua. Blueberries grown in Michoacán are processed in McAllen. Cattle raised in Coahuila are slaughtered and packed in Laredo.

Experts predict near-term price instability for EVs and other vehicles due to Trump's tariffs, with potential leveling by 2027. Here's what you can do now if you're in the market to buy.

President Donald Trump and his administration are racing to get trade deals done ahead of a self-imposed deadline, at which point tariffs are set to rise for dozens of countries across the world.

To answer all of that, Victoria and Vitaly are joined by Stephanie Baker, a senior writer in Bloomberg’s investigations team, and the author of ‘Punishing Putin: Inside the Global Economic War to Bring Down Russia’. Plus, we discuss how Russia is overhauling the education system for those 1.6 million Ukrainian children living under occupation.

"I think it's the biggest deal ever made," Trump said of the new agreement, which will reduce the bloc's tariff rate to 15 percent.

The United States and European Union reached a significant trade agreement that will change tariffs and increase energy purchases, potentially affecting consumer prices.